Buy and Sell Signals, and Other Market Perspectives Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 681.53

+0.2%

Dec 2 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Keith Feral who wrote (39474)	10/26/2012 1:03:54 PM
From: Mr. Aloha	1 Recommendation Read Replies (2) of 219588

The market selloff hit when AAPL broke its morning low and then broke 600, but overall it has been remarkably resilient. AAPL's below 600 and down over 2%, yet the Nasdaq 100 is barely down. If AAPL can bounce back and stay above 600, the market should be all clear to move higher. AAPL makes up a big part of the stock indices, so the Nasdaq in particular is acting pretty strong considering AAPL's weakness today. On the other hand, if AAPL stays below 600 and weakens further, it will be hard for the market to move higher.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next